Global Aircraft Turbofan Engine Market Research Report 2021 - Impact of COVID-19 on the Market

A turbofan engine, sometimes referred to as a fanjet or bypass engine, is a jet engine variant which produces thrust using a combination of jet core efflux and bypass air which has been accelerated by a ducted fan that is driven by the jet core. The ratio of the mass of air bypassing the engine core versus the mass of the air going through the core is referred to as a the bypass ratio. A turbofan engine that derives most of its thrust from the jet engine core efflux is referred to as low bypass engine whereas an engine that derives most of its thrust from the fan is referred to as a high bypass engine. In general, low bypass engines are most commonly found in military applications, and may be equipped with an afterburner, whereas high bypass turbofan engines are the prevalent design in today's commercial aviation jet engines.
The Aircraft Turbofan Engine market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Aircraft Turbofan Engine market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Aircraft Turbofan Engine Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Aircraft Turbofan Engine market are:
MTU Aero Engines
GE Aviation
Rolls Royce
EuroJet & Aviadvigatel
Honeywell International
Engine Alliance
CFM International
Pratt & Whitney
International Aero Engines
Safran Aircraft Engines

Most important types of Aircraft Turbofan Engine products covered in this report are:
Narrowbody
Widebody
Others

Most widely used downstream fields of Aircraft Turbofan Engine market covered in this report are:
Commercial
Military
Others

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026